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Shares of Cognizant Technology Solutions Corp. (CTSH) slid 1.67% to $84.26 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's fourth consecutive day of losses. Cognizant Technology Solutions Corp. closed $7.77 short of its 52-week high ($92.03), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Accenture PLC Cl A (ACN) fell 2.06% to $335.63, International Business Machines Corp. (IBM) fell 1.12% to $129.35, and Infosys Ltd. ADR (500209.BY) fell 1.14% to $23.41. Trading volume (4.1 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
(END) Dow Jones Newswires
January 21, 2022 16:47 ET (21:47 GMT)
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